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ABAL Abal Group Plc

0.85
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Abal Group Plc LSE:ABAL London Ordinary Share GB00BFMDJC60 ORD 0.002P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.85 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

AGM Statement

27/07/2007 8:02am

UK Regulatory


RNS Number:9657A
Imaginatik PLC
27 July 2007



                                 Imaginatik plc
                        ("Imaginatik" or the "Company")
                               AGM Trading Update

Mark Turrell, CEO of Imaginatik plc (AIM: IMTK) will today make the following
statement at the Company's first AGM since it floated on AIM in December 2006:

"Since the beginning of our financial year in April we have contracted with a
further thirteen blue chip customers, including Xerox, Eastman Chemical and
Paccar, Inc., in the US, UK and Europe, either for pilot projects or full system
implementations. We are very encouraged that many of these new customers have
already expressed an intent to extend these engagements to full contracts within
the current financial year. In addition, we have contracted incremental business
with existing clients, such as Hewlett-Packard, Pfizer, Inc. and Merck & Co.,
Inc. and are seeing increasing levels of revenue coming through our partners.

"Following our decision to focus on larger, higher value sales, and to invest
time in developing our strategic partner channel, we anticipate the larger part
of the revenue for the year will come in the second half. Based on these
investments to develop future revenue, we look forward to continued growth."


For further information please contact:

Imaginatik plc Tel: 020 7917 2975
Mark Turrell, CEO / Shawn Taylor, CFO

WH Ireland Tel: 0121 616 2101
Tim Cofman / Katy Birkin

ICIS Tel: 020 7651 8688
Tom Moriarty / Caroline Evans-Jones


About Imaginatik

Imaginatik is the leading provider of Innovation and Collaborative Problem
Solving software and process to the world's leading companies. More than 100
clients rely on Imaginatik's software, consulting and research to enable their
best-of-breed innovation activities.

Imaginatik's software and consulting services have helped clients discover
significant sources of additional revenue, as well as tangible cost savings,
process improvements and increased product pipeline. Imaginatik is also
committed to developing strategic solutions in the field of innovation, working
with academic institutions such as the London Business School and the Cass
School of Business, London, as well as leading practitioners of corporate
innovation.

For further information please visit www.imaginatik.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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